THE CHINA · MAIL, FRIDAY, MARCH 4, 1960.
WEEKLY REPORT ON
THE HONGKONG STOCK
EXCHANGE
A WEEK OF BRISK TRADING
Market closes with record turnover
Brisk trading in the more popular stocks
resulted in
a
The
ILK Bank Lombard Union Wheelock HK War
share
market
יי
1.075
33%
at
Up or
glance *
Dividend
Vicki(%)
Feb. 4
1195
Feb. 11
1210
Feb. 16
1315
Feb, 25
1810xd
Mar. 3
Down
1280xd
$90
& Bonus
$48
.37
401
4144
42%
+$2.50
32
4.5
054
05
0434
102
102
steady
$3.40
$.5
014
0.05
4.90
6.90
7.20
+380
250
3.6
180
162b
170
171
1718
Kiedy
$B
4.8
JK Docks
5235
60
10
70
+$3.50
85
*
Taikoo Books
42
4936
FR
4534
--$2.25
$2.60
0.6
Provident
18
18.80
194
10.30.
19.40
+100
31.10
5.4
HK Hotels
30
30
30%
2033
3736
+31.25
$2.50
0.0
UK Lands
45
她给
48/
49
F
+45
32.40
4.4
record turnover of
HK Really
1.675
-1.05.
1.70
1.70
+0250
150
9.6
IIK Tramk
3314
33
334
+-250
$2.05
6.B
Star Ferry
145b
148
151b
14txú.
147xd
+39
15
0.1
Yuumatio
133
135
145
146
153
++37
$8.00
15.0
Ch Light
18.60
10.30
20.00
2014
21.80
4300
31.10
1.2
24.20
24.80
27
20
20.70
+X00
51.90
7.2
3334
34
3512
38
35%
steady
$1.75
$
G. 1. Cement
442
1
443%
4534
45%
44x
-$1.25
#
8.0
Dairy Farm
24.00
24.30
24.80
24.30
-200
$1.55
10.4
A. 8. Watson
24,70
24.00
23,70xd
25.10xd
2014
+$1.40
$1.50
5.8
Lane, Crawford
29.40b
2014
3134
314
2454
+$3
$2
B.A
Int'l Investment
1.10
7.40
T
7.40
8,05b
+650
050
8.1
Allied
6,40
6.18
0.00
6.40
7
4600
250
HK FE Inv
14.20
1414
16.20
15,70
D00
5.710
9.80
10.10
10.30
0.90
9.05
+50
650
0.1.
16.30
10.70
10.20
15.00
15.70
+100
700
4.4
$5,879,000 at the close of the Stock
Market yesterday.
Volume of business dome for the week was over $22 million. Banks eased during the week after recovering their ex- dividend price.
nl
BA
There was a stelden spurt is Wheelocks on hopes interin lividend.
Bath Hotels and Loads came in for Kad demand and in conserpience a
1
no doubt that the There is recent boom in the market has by more money been helped finding its way into the Colony. Buyers remain in predominance end any attempt al profit-taking has fulled to dampen the market. Market Diary
substantial in- Friday: ervase in their respective prices. way registered. Lands went up by Sh while Hotels closed at $379. a rise of $1.25.
Hongkong and. Whampoa rise but Bocks continued fo ensed off towards the close o profit-taking.
In Stures, Watson came under quite a bit of selling while Lane, Crawfords vid strong eluring of $34. Dairies were fractionally lower.
were generally Unity Issues firm. Telephones after declin ing to $34 75 during the week picked up again and closed un- changed on the week at $3544.
Monday:
no Tuesday:
Yaumatis went up by $7 in anticipation of a belter Anal ividend zanel a possible now iscum. A final dividend of $5.50-50 cents better than lat year--was in fact declared later yesterday but Bere iruticaon of a new issuc
and Rubbers Cattons well supported during the week with the former showing frae- Upon entit
4 ה14
a winner every time
were
Jockey underwear made only by Booperä.
The market WOR very active during the day resulting In
substantial turnover. Interest was well spread in all sections. Banks axd Insurances ware slightly easier. Volume of business transacted was up- proximately
$5,070,000.
There was a further show of strength with Docks, Lands and Yaumatis well featured. Buks and Unions cased, and Rubbers
Electrics
IK Telephone
Texile Corp Nanyang
HONGKONG
STOCK EXCHANGE
by!
Our Own Correspondent
Wall
New York, Mar. 3. The Stock Market took another hard fall in fairly active trading today.
August 10.
their
The market was moderately lower and active at the open- ing. It sold off sharply in the second hou and widened its Business dor at the Hong-Josses in afternoon trading, mained unchanged. kong Stock Exchange this it was the market's sleepest Volume of business morning amounted to approxideline since last transacted was apmately $3,500,000, Noon quota and it equalled the sharp drop proximatel3tions and the morning's толк-
of last September
Prices were arourul lows for the day at the close.
ticker tape The high speed was late at the opening, again before noon, and at the close as traders unloaded stocks.
Most losses ranged from lew
centa to
around dollaro share on front, extending
Buyers Seller
Salce
K Banke K 120 1203 140205
INSURANCES
$4,015,000, The market ended
brilliant another day on a buoyant note. A good de-. mand resulicd further price ad- vances. Volume of business amounted
actions..
Bhares BANKS
ค
Untion
T-
to $5,048,000.
Wednesday: The
market mained firm in a brisk half day session. Hotels. Lands. Cements and Allied Investors showed slight ap preciation.
Volume
00
162
SHIPPING Wheelock, 7.35 7.40
DOCKS. ETC. Duck...
of business was 3p- proximately Provident
2.092,000.
Thursday Trading
ex-
was tremely brisk led by Wheelocks, Cements, and the Dower companies. Docks and Pru- vidents yielded some ground. Volume of business amounted to $5,870,000,
1101205
110 100 100 100 300 100
2001 7.30 2000 & 1.35 27780 7.40 400 (1.35
200 M 75
500 191
2500 i 1915 300 4 11.22) 600 19.60
and
Street
4500
takes
another dip
American Tel & Toi American_Tob. ...................
Amer. Foren. Power Am. Gos & Electri Am. Home Prod Am. Mich, & _Fdry Am. Sugar Red. Am. Natural Gas Anaconda Copper Arnour
Arneo Stoel Asbestos Corp. Atlas Cons. Mining Baldwin-Lara-Ham Baltimore & Obla
Bank of Nova Scotia
Flaoch Life Envers Bell Telephone
Beneficial Funge
Benedix Avinjon Corp.
threeBeauet Cons
London registers gains on selective buying
}
London, Mar. 3,
Some leading issues edged upwards today under selective buying in quiet but steadier markets. Elsewhere in industrials small losses" do minated.
Wall Street's decline and home uncertainties kept big operators to the sidelines, but Imperial Chemical Industries, Courtaulds, Rolls Royce and Unilever showed gains.
rose
Government bonds Improved after yesterday's upward trend and hardened up to 1/6. Couso's 2-2 per cents 1/16th. In foreign bands bolh the six per cents of 1920 and æven per venis off one point,
Dollar Stocks moved lower. International Nickel dipping 31⁄2 points, Chrysler 24 and Bethle fier Steel 1. General Motory
went off one point.
Gold shares fell back and closed dull with Anglo-Ameri- | can Corp, down and Free State Issues enster. Coppers rallied after carly weakness.
Olls were cratic and closed mixed,
Rubbers went quiet but tens were mainly unchanged.—UPI,
Closing prices
Gutedged Bonds
British Transport 3%.
87
Smith, KUne & French .....
4812
Consola 2R474.
101
Becony Mobil O
373%
Consols—1016.
Conversk Loun
81
Solar Alterati
105
150
Funding Stock
C09.
South Puerto Rico Sugar
Southern Co. (770)
Southern Natural Gas
07% Southern Railway (Com)
1978/09–
Hongkong & China Gam-148. Imperial Cherpleal-ēļa 90. Lyúne de Comelle Vigd. Unilever Ltd-1303,
Papey
#
Bowater Paper Corp Ord-Ta 191,
Kedio and Electrical Associated Electricni-DƐa 17, Ehvotrieside Musloal-för ¶48.
Figlish Electrio D-415 $di General Electrio Ú12,
Indo-China
ord-200
Shipping
Sioan, Nay. Co. det
P&O Steam Navigation def ord-
41.
Great
91.
Stores
Universal Stores "A"~d
Atarks & Spencer Ltd 70% 114. Woolworth, F. W. * Co-021 10.
Textiles
Conta J&P L-34 14. Courtaula Lidues 10(50. Fino Spinners &
740.
Doublers-28/
Cons Goldfields of South Aften-
Mines
Bia,
Cons, Zinc Corp. Ord
De Beers definja od.
Hongkong Tide 1450).
学
3d.
Bauinern Kinta Cong Lid=276. We Cur-To 1 d.
Driefontein Oldinining-
133 d.
oli
British Borneo Petroleum Syngl calde d
1 Petroleum
Bunnah Petroleum-21 d.
Ca Lid-Bla
Od
Burmah-45 Du.
She!
1963 Dd. JISTR
261kg Loan Mr. JP58/09-28312.
1099/2004
Funding Loan 4%, 135/90-£913). Savings, 1938/68491.
Saving 3. 1900/70-804.
Bovings. 1065/73-74-1/10.
Sperry Rand
да
Standard Branda
37
Standard Oil of Cal,
01/
2014
Stell of Ind.
#10
Oll of N.J.
Danka
Bleep Rock
100%
1614 Biopling Drug.Co.
38
Biokely-Van Camp.
Hongkong0014.
Chartered Bank-61s och
03
Slone & Webster
3915 Studebaker-Packard Corp.
Sunshine Mining
JER
43
SwiftCo,
71
Textron ing.
ith Thickel Chem.
A
broad
losses
Bethlehem Steel Boeing Asyluma
47% Tide. Water Qit
27% Time Ing........
Borden (The) Co. dollars Burroughs Add Machine
AAR
Traders Finance
29
British Columbia Elec,
101
401
there were
soven among more speculative ismies,
British Columbia Par. Sicels, ratls, molars. chemicalt. Packing Corp. cals, non-ferrous metals, rubbers ¦ Cana. Bk. of Corun.
and airlines wore hardest hit.
of 1,180 issues traded, 865 declined and only 105 advanced,
white 109 were unchanged.
Volume rose to 3,100,000
Cano. Brewers Canadian Pacific R. Campbell Soup Co. Case ...) Co.
shares compared with 3,110,000 Casnicia Corp
TCont. Wartante
Twentieth Century For Flim Taxes Co.
20% Union Carbide ...
4934 Union Pacific Railway
247%
60
United Aircraft
Union Oll of Cal. United FruiŁ
10% United Gas Corp.
20.3. Foll
Harclays Bank "A" Lid ord-50,
Lloyd's BanxA62, 90.
Insurance
Transport & Trading--153B
-Neutor.
US INVESTMENT
QUOTATIONS
The following are U.S. in-
Union Insurance Canton-20-3/16.vestments in American dollara.
Aircraft and Motors
British Mator Corp. Ord-20
Ford Motor Co-100 d
Hawker Siddeley Group Ord-32
Holla Royce Ltd Ord–48 Sch Rootee Lu "A"-053_1035a. Standard Triumph International- 1 15
Breweries Tilstillers Co34 71
South African Breweries---21a 6c.
Building and Materials Amociated Portland Cement-3%, Goodinss Wall & Lead Ord-406 30.
Coal Bleet and Engineering Babcock & Wilcox Lid.-13 7.
United Steel-100 12 Vickers Li—345.
Food and Tobacco
British American Tob. Co., Ltd-
3000 M 7.40 2030 7.35
74
16 1600 73%
200 741
-100 75
300 7315
500 745
Cat. Tractor
. 19.00 19.70
Celanese Corp. C.LT.
201
U.S. Gyprum
51
UB. Line Co.
43
shares traded yesterday.
U.S. Rubber
Chrysler Motors
45
Taikoo
4015 4034
45%
200 461
Dow-Joner closing averages were;
Industrials
U.S. Smelling
Cluett Peabody
U.S. Sicel
612.05
Colombian Carbon Co
40
US. Steel 7 P.C. FF
14132
20 Raile
142.09
Culgate-Palmolive Cu.
13 utlution
27 06
Commercial Credit..
50
4042
07 0.
ts stocks
Consolidated Edison
61
220
40 bond...
R2.11
Comum. future price index
143.21
Consolidated Paper
34
405% 10.
Consumers Gas
47%
4556
Ablibl_Pwr & Paper
Alden In Any
43%
6114
Algoma Steel Corp.
19
Am. Brake Shoe
American Artine
2014
500 in 50
American Catie & Radio Corp.
200 L 34
Ameriera Cyanoid Co.
American Metal ....
...
1.70 2.723 32203
1.30
American Smelting
LAND, ETC UK Hotel
IX Land.
372%
4015
Closing prices
200 $0
200 V
3004012
30 1000 30
2000 371
1000 3722
2004 371 500 3732 4000 643
500482 1049
112 442
241t! J 1500 150 200 or 30
Allied Chemicals
Allis Chalmers
***
Imperial Tobacc
Co., Lid-71
Miscellaneou
Boardman Marden Lid-» 10190, Britian Oxygen Lid. Ord-es k Canadian Parille Hy=-451%, De La Rue Co. Ltd. Ord-118. Dunlop Rubber C-2ta úd,
Buyers' prices include commis- slon:
Aflated Fund
Bellers Buyers
7.10
7.75
Am
Bus Shra
4.04
4.32
Atom Dev Mut
5.16
Axe Houghton B
8.20
Bullock und
Canada Gen Fund..
14.10 17.00
Canadian Funa
10.14
17.47
Canadian Int Growin
10,24
Chemical Fund....
$0.83
11.71
Comwith Stock
15.07
Dividend Shares...
2.07
Dreyfus Fund
Eaton & How Stock Electrodes Inv
Found Mut Fun Hamil Fd HC-7
Instit Found
Instit Growth
Inilit Income
} Invest Tr Boston
0.54
11.16
Keone Bus 12
21.73
Keystone Canada
12,00
Mam tay Ty
12.00
14.04
Mast Growth
13.00
Nat Seo Bor: Growth
B.40
0.29
Brudder St & C...
10.30
Tele El Fur
Value
Valine Furid
16.76 11,00
Wollngton Fund
GREAT MINDS
THINK ALIKE
ADVICE IS UNANIMOUS
- For
MAXIMUM SECURITY
OPEN A
52
BANK DEPOSIT ACCOUNT
WITH
LOMBARD BANKING
Interest pobl withand deduction of Unisest Kingdom Income sa, Write today to the General Manager for your copy of" Bank Deposit Account" booklet No. AQ.74
LOMBARD BANKING
Von D Manz
LIMITED BANKERS ↑
LOMBARD HOUSE, GURZON STEENT
PARK LAKE, LOISJON. WẪN:
Tutuphatos GRE ALSO, CHE SONG
Armelated Bank z LOMBARD BANKING STAR KARST LYO FINLAYSON NGUBERATPAK KRVAV
card World-W’baby Bark long and Finance Cheruclanchas (1)
Humphreys 23.10 23.40 Really
RUBBER
Ammig.
Trust, ko
10008 1.73
10500 1.70
12301.70
6.25 6.35 3000 64 0.30 005 2
المائدة
Surugala__ 3.00
UTILITIES
Tram
...
Star Ferry
Xo
Youthatt
7.000
241 2545 1500 ( 34% 1100 of 3474
1500
3
100 140
100 or 140
150
153
150 150
150 149
C. Light...
21.00
100 G 140
IT
150
and or 150
300 * 201
22 1100 g 21,89
$700 ft 22 2000 22 50003
Electric XD 27.10 27.40 1500
200 LA 22
20,00 410 20.00 1000 + 20.00
2000 24.00
1000 62 20.90
500 27
2000
37 024 301%
Telephone. 30
INDUSTRIALS Cement XD
44
45
3605 of 305:
3500 6
1333024
500 40 4412
500 $43%
Rope ETC.,
16.73 STORES, Dairy... 243 24.00 1150 e 24,40
1500
100 6 24.00
1000 2435
1000 24
Watson
20.40
L. Craw....
54
1000 (243)
B001 3436
500 34
COTTONS Taxilles
9.00
Nanyang
15 18.00
2000 44 9.00 1000 & 18.70 500 10.70
MISCELLANEOUS
HK DOCK
DIVIDEND,
AND BONUS
The Directors Hongkong
of the Whumpos Dock Company, Limited. announce that subject to audit they will recommend to the Shareholders at the forthcoming Ordinary Year- ly Meeting the payment of a dividend of $2 per share, plus a bonus of $8 per share, in respect of fillancta) fear ended December 31,
1930.
New Canadian
investment company
London, Star 3.
Continental Off of Del.
Crown Zellerbach
Cuban Amer. Sugar
Crane Co.
Diamond Alka
Diamond Gard
Distillers-Seagrams
Dominion Stores
Douglas Aircra Dow Chemical
Dupont de Nemours
Eastman Kodak
El Paso Natural Gas
Firestone Tyre & Rubber
Fit Not City Bank
Ford Melor...
Georgia Pecine
General Dynamics
General Electric General Foods
General Motors Geity O
Gen. Pub. Uta. Gen. Tyre & Rubber Glidden Co. ....... Goodrich (B. F.) Co. Goodyear Tyre.... Grumman Aircraft Gulf Dai............ Heyden Newport Corp Hiram Walker Homesinke Mining Co. Human Refrig.... Idaho Power Imperial
30% Warner Bros.....
Waukesha Motor Westinghouse Air Brake
Westinghouse Electric
30% Western Union Tel. Co. 40% West Va. Pulp & Paper
454 Winn-Dixie Storer 15% Woolworths (K. W.) Goizealth Radio
Yesterday's Closing
COMMODITY PRICES
RUBBER
{toh là ThunxIA RH and of hayden,
NEW YORK
STYLIN
Closing prices all in cents per
15.
Spot
*335
Mar
33.03
May
23.00
July
12.47
NEW YORK
Oct
NEW YORK-A
Dec.
Rex rubber futures closing
Mer
Clasing prices, áll in cesta
prices, all in cents per lb.;
May
July
per b
March
40.40
Oct.
30.70
Lead
2014
May
39.46
Dec.
30,70
Mar.
100
July
MAY
Sept.
LIVERPOOL
Zine
70%
Nov.
Mar.
391
1101
Jan.
27.20
Closing prices all in pence
May
March
30.00
per lb.
Copper
Mar.
American Contract
130
May
40
Mar/April
21.08
Th
May/June
27.05
694%
AT&T.
11.25
11.40
31.00-00
29.00
ung.
July/Aug
-May
Lignon & Klyer Tob. Co. LAY TED
1344
ports:
68
No. 1 Mar.
20%
April
Ingersoll-Rand Int'l Harvester International Nickel loft Tel & Tel Inland Steel Co. Interchemical Corp. International Paper Johns-Macville Co, Halder Industries
Kahaan C. Power & Light". Kennecots Copper
Kimberly Clark
Liten Ind.
Lockheed Aircraft: Loewe Incorp.
Lone Star Cement Co. Lowenstein & Sons MeDent J. Tay McDonnell Akromatt Minnesota Maning Mission Development.
Chemical Co.
Mery Ward
Montecatini
A new investment company has | Motorula inc.
been incorporated. In Canada) National Caur Reg. "A
| National. „Dobry Prodí. South National Lead to enable British, African 0.03 1000,00
and EuropERN In-Notional Ste 4000 0.95
w York Catbra vestors to take advantage 'of 2000 19.06
Canadian mining opportuni-manda Mines Ltd. ties. It was announeed · herb North Amer. Avirtion
Norfolk & Werban, Ry. today,
| Northwert, Aksies (Com) The now company-Locarno aathieson .... Owen-linol' (35adi Mineral Holdings-bas Our Oxford Paper Co authorised capital of five mil-Xacije Oma k sled. ... lion shares of no per value, of Pan American, Airways
are being Parks Davis Co. which 13 unliliori lasuod
Perry J.C. Co being | Penn: Ball Co. the illip Morris
Pitney Bowes Procter & Carble Co Eratura Piata Clons Irg Hambros Bank, the British Publicioer Industrice
186
Alled
0.10 8.20 0.00
TIC & FE
Invent.....
15.00
€700 €7
10004.03
Exchange rates
The Canadian public is offered: 300,000. shares and remaining 900,000.. are
being
taken by 18 companies, includ
Parzinount Pictures
Business was dono in the local Ampiro Investiment Trust and Redio Corp. Pret,
This Locana Corporation, market exchange Unometal moming at Use following rates;
118. dollars (per 81) og Etering notemi (per"£1} Australan notes (952 21).
Indonestars rupiah: (per 100).. Blant Tesla (per 100) Blogipuu (etrikita)
The new company will invest Remo Metsl
Noyal Bank of Canada 9.71 its funds mainly in the shares Tueen Mix... 143 of mining companied : Having | Bears, Roebuck & Co.
100 their principal activities
29.16 interest
Our Co
Canola ---China
Betoway Blores
Jant on. Payer
31.00
SINGAPORE Closing prices all in Straits cents per lb.
fo.b, Malayan Octo
20% No. 3 Mar.
et No. 3 Mar.....
16 No. 4 Mar, kare
| Spot rubber umbalod
Sanket rupe
170 No. 1 pale crepe
10%
190
1054
AMSTERDAM
11772-11724
1275-107
110-11914
Mar/April ****
Mixed Contract
22.40
Mar/April 31434-115534
112-1179
May/June
July/Aug.
11016-11055 OOR/NOW
13315-13335
Closing prices all in guilders
paper kilogram, c.i.f. Mar.
400% No. 1 rubber
96 NO. 2 rubber
No. 3 rubber
No. 1 crepe
3.31 trugerm
3.30 buyers
2
3.32 MYSTE
COTTON
NEW ORLEANS
Closing prices all in cents per ib.:
Bpet: 41.00 nom; March: 33: Moy: 90% 53.12: July 27: 5:30.78; Dee: 30.83; Mar: 31.34; May: 31.63; July: 3121,00; Oel: 3035; Deri 30,85, 712
Dec/Jan Mar/Apri
LONDON
Closing prices, all in sterling-
per long ton,
2020 fin 22.00 Spot ...
22.10 Samanth
Copper,
Spot
3-month
Lend ist Ja
Mar.
June
Zine Isl half
Mar
Juno
ות
Buyers Sellers
204
7843
783
25045
210
SUGAR
ITU--Gd-tufey 1
NEW YORK
Closing prices, all in ctats
*
Contract. No. 4 (world)
FOREIGN EXCHANGE
NEW YORK. Closing rates: Canada.
Otters uncizanged.
LONDON
Closing rules:
Mantron
Aanelerdant Cuparibagown.
per
March
May
July
Dept.
Oct.
Jan,
Mar,
May
Spol.A.4. Cuba)
Total Holes: 272 contrecin
BEGORREES
Open interest: Bari contracts
SAO PAULO
Closing prices all in cruzeiro per Jio)
Contract No. 8 (domestic) Maroli May July Zeph
New York
5.00
1.00
Pari
NOV
Average: Dries in UA.: *1 14 da sigristed pot marksia; 37,03 cente.
BDO (CLE N. emduty o Total Balesi 10g) contracts Open
interest: 2,095, contracts,
Blockdom
Vines
UPL
All unqusted.
1.004%